Per Capita Personal Income in Oregon Oregon Workforce and Economic Information In 2016, Oregon had a per capita personal income (PCPI) of $45,399. Oregon’s PCPI ranked 29th in the United States and was 92 percent of the national average, $49,246, according to the U.S. Bureau of Economic Analysis. In Oregon, the 2016 PCPI increased by 2.4 percent from 2015, faster than the nationwide PCPI growth rate of 1.6 percent.
Leadership in Today’s Tight Labor Market by Bill Conerly Businomics Blog CEOs across the country are telling me that employee retention and recruitment is their biggest challenge. To help business leaders cope with the challenge of employee turnover and employee hiring, I have produced a series of videos on today’s staffing challenges–and how great leaders position their companies to beat the competition for talent.
Members Announced for New Eastern Oregon Economic Development Board Business Oregon Governor Kate Brown named members of the Eastern Oregon Border Economic Development Region Board this month, and scheduled the first meeting of the group. The Oregon legislature created the board with House Bill 2012, to develop and implement strategies for investment in workforce and economic development in the region, and recommend changes in regulatory laws that impede economic development and workforce training. The state appropriated $5 million for the board to use to implement its recommendations.
Popular business stories during the week of Jan 22 to 26th 1. Eugene Register-Guard newspaper sold 2. Subcontractors cry foul at Nike’s trophy HQ project 3. Oregon sanctuary status draws DOJ threats 4. Intel beats expectations, reports loss on tax charges 5. Gains by having a college degree diminishing rapidly 6. Truck Shortage Forcing Companies to Cut Shipments
Confidential sexual harassment settlements just got more expensive Ater-Wynne: NW Business Litigation by Stacey Mark The Tax Cuts and Jobs Act, the sweeping new federal tax law enacted at the end of December 2017, contains a provision that will likely have a significant effect on how employers resolve claims involving sexual harassment.
Old Town Brewing Company Reaches Agreement with the Mayor of Portland – Ted Wheeler’s Office By Brian Oregon Craft Beer City of Portland and Old Town Brewing Reach Agreement on Use of Logo Deal protects both the iconic Portland Oregon Sign and Old Town Brewing trademark Mayor Ted Wheeler and Old Town Brewing today announced that they have reached an agreement on the use of the leaping deer image as it relates to the Old Town Brewing logo and the iconic Portland Oregon sign.
Pay Strategy . . . Do you Have One? by CAREY KLOSTERMAN Business Oregon A NewsBrief article from November 2014 and still very much appropriate so I decided to revamp and recycle . . . There has never been a more important time (and it still is!) to evaluate how you communicate your pay programs to employees. Ensuring that your employees clearly understand your overall pay strategy and philosophy is critical. Ask yourself “do my employees understand how and when their pay is determined”? If your answer is no, then it is time to take action and implement the three C’s . . . Clearly identify, Concisely write, and Consistently communicate your pay strategy.
Three reasons to start a business in Oregon and three reasons to think twice By Oregon Small Business Association Foundation As the U.S. economy expands more Americans are thinking of starting their own business. Oregon can be a great place to start a business, but also has some challenges they may make a potential entrepreneur think twice about opening shop in the state. Three things that make Oregon a great place for business are the following. 1. Highly educated workforce. In the Portland area, almost half the adult population has a bachelor’s degree or higher. Across the U.S., less than one-third of adults have college degree. Oregon’s growing population is a rich source for customers and clients. 2. Strong start-up community. Oregon’s pioneer spirit extends to its DIY culture and […]
5 not to miss stories this week. 1. Trump: Decision on SolarWorld’s case coming soon 2. Lyft adds $35M to Portland’s economy 3. Lane Co. real estate breaks average, median sales price records 4. Apple to pay $38B in repatriation taxes 5. Ditching stocks in this bull market is ‘dangerous’
November 2017 Oregon Statewide Economic Indicators University of Oregon Economic Indexes By Tim Duy Oregon Economic Forum University of Oregon This is the University of Oregon State of Oregon Economic Indicators for November 2017. The release date is January 10, 2018. Special thanks to our sponsor, KeyBank The Oregon Measure of Economic Activity fell back in November after jumping higher the previous month. Highlights of this month’s report include: